TechnoPro Holdings, Inc. (OTCMKTS:TCCPY) Short Interest Update

Key Points

• TechnoPro Holdings, Inc. experienced a significant decrease in short interest during August, with total shares short dropping to 800, a 42.9% decline from the previous total of 1,400 shares.
• The stock opened at $6.47, with a 12-month range between $3.33 and $6.95, and has a current average rating of "Hold" from analysts.
• Zacks Research downgraded TechnoPro from a "strong-buy" rating to a "hold" rating as of August 14th, indicating a shift in investor sentiment.

TechnoPro Holdings, Inc. (OTCMKTS:TCCPY - Get Free Report) was the target of a large drop in short interest in August. As of August 31st, there was short interest totaling 800 shares, a drop of 42.9% from the August 15th total of 1,400 shares. Approximately 0.0% of the company's stock are short sold. Based on an average daily volume of 345,600 shares, the short-interest ratio is currently 0.0 days. Based on an average daily volume of 345,600 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company's stock are short sold.

Wall Street Analyst Weigh In

Separately, Zacks Research lowered shares of TechnoPro from a "strong-buy" rating to a "hold" rating in a research report on Thursday, August 14th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company currently has an average rating of "Hold".

TechnoPro Trading Up 0.1%

Shares of TCCPY traded up $0.01 during trading hours on Friday, reaching $6.41. 375 shares of the company traded hands, compared to its average volume of 47,512. The company's fifty day moving average price is $6.40 and its two-hundred day moving average price is $5.41. TechnoPro has a 12 month low of $3.33 and a 12 month high of $6.95.

TechnoPro Company Profile

TechnoPro Holdings, Inc, through its subsidiaries, operates as a temporary staffing and contract work company in Japan and internationally. It operates through R&D Outsourcing, Construction Management Outsourcing, Domestic and Other Businesses, and Overseas Businesses segments. The company provides engineer dispatch and contract services in technical fields, such as electronics, embedded control, IT networks, business applications, system maintenance and operation, and biochemistry for various industries including automobiles and auto parts, industrial machinery and equipment, information and communication equipment, electrical and electronic equipment, IT, semiconductors, energy, pharmaceuticals, and chemicals.